Robert Gottliebsen discusses the shockwaves from NAB's CDO surprise, Stephen Bartholomeusz looks at the Westpac/St George merger and Alan Kohler meets the world's gloomiest economist.
Renowned doom-monger Dr Marc Faber scared a room full of financial analysts last night. But even more terrifying was that the guest speaker from Goldman Sachs JB Were agreed with him.
Leveraging your relationship
Having leapt into the arms of Westpac after an unusually short courtship, St George has gone coy about the deal, pondering the offer's value both publicly and privately.
Spotlight on wealth management
After revealing that St George wasn't the competitive force that everyone thought it was, the ACCC is now preparing to take a closer look at the world of wealth management. Let's hope they know what they are looking for.
Good news on carbon cuts
Australians can achieve the Rudd government's carbon emissions cuts without having to live in caves and bark huts, according to a new report.